Fairfield
Suburb profile, market snapshot and recent listings for Fairfield, VIC 3078.
About Fairfield
Welcome to Fairfield
Fairfield sits about six kilometres north-east of the Melbourne CBD, tucked along a bend of the Yarra River between Alphington, Northcote, Clifton Hill and Fitzroy North. It's one of those inner-north pockets that manages to feel both leafy and lively, with the river parklands on one side and the café strips of Collingwood and Fitzroy North within easy walking distance on the other.
With a population of around 6,535 and a median age of 37, Fairfield tends to draw professionals, young families and long-time locals who want inner-city access without giving up green space. It's a small, tightly held suburb, and that scarcity shapes much of what makes it distinctive — from its housing stock to its enduringly strong property market.
Lifestyle & dining
Fairfield's own retail strip is compact, but that's part of its appeal — locals lean on the nearby cafés, bars and restaurants of Fitzroy North, Clifton Hill and Northcote to fill in the gaps. The Fairfield Boathouse, on the banks of the Yarra, is the suburb's social heart, a spot where locals row, cycle, walk dogs or simply sit with a coffee overlooking the river. It's the kind of low-key, outdoorsy hangout that sums up the suburb's character.
The pace here is generally unhurried, but the buzz of Smith Street and Johnston Street in Collingwood and Fitzroy North is only a short ride or walk away, giving residents the best of both a quiet riverside base and a genuinely urban night out.
Parks & recreation
Green space is one of Fairfield's biggest drawcards. The Yarra River corridor and its network of trails run through the suburb, linking up with Alphington and Northcote and offering some of the best cycling and running paths in inner Melbourne. Fairfield Park, with its amphitheatre and sweeping river views, is a favourite for picnics and informal sport, while the Boathouse precinct anchors weekend life for many households.
Schools & families
Fairfield Primary School serves the local area and is a drawcard for families choosing to settle here, with secondary options available in surrounding suburbs. The suburb's mix of period homes and quieter streets, combined with its riverside parks, makes it a popular choice for families wanting an inner-city lifestyle with a slower, more residential feel than neighbouring Fitzroy or Collingwood.
Getting around
Fairfield railway station, on the Hurstbridge line, gives residents a direct run into the CBD, while trams and buses through neighbouring Northcote and Clifton Hill add further options. The suburb's proximity to Heidelberg Road and the inner-north bike network also makes cycling into the city or along the river a genuinely practical commuting option, not just a weekend pastime.
Housing & architecture
Fairfield's housing stock is a mix of Victorian and Edwardian weatherboard and brick homes, interwar bungalows, and a growing number of townhouses and apartment developments. Current listings reflect that variety, running 47% apartments or units, 38% houses, 11% townhouses and 4% land — a spread that gives buyers genuine choice between a classic period home, a low-maintenance apartment near the station, or something newer.
The property market
Fairfield's median house price sits at $1.55 million, with houses having climbed 10.7% recently — a sign of the sustained demand for this pocket of the inner north. Units and apartments offer a considerably more accessible entry point, with a median of $612,000, while renters can expect to pay a median of $885 a week.
That gap between house and unit prices, combined with the suburb's tight supply and river-adjacent lifestyle, tends to appeal to two distinct buyer groups: upgraders chasing a family home near Fairfield Primary and the park, and investors or downsizers drawn to the apartment market's relative affordability and easy access to the CBD.
Market snapshot
Fairfield property market
Median sale price
$1.55m
House · 3 bed
Median rent
$885
per week
Gross rental yield
3.0%
annual rent ÷ sale price
Typical price range
Entry
$1.02m
Median
$1.55m
Premium
$2.36m
Days on market
61
Auction clearance
65%
Sold this year
35
Median sold price trend · House 3 bed
Compound growth +0.2% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Fairfield by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Fairfield, VIC 3078.
Population
6,535
residents (2021)
Median age
37
years
Household income
$1,967
median, per week
Median rent
$369
per week
Median mortgage
$2,167
per month
Mortgage / income
25%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Fairfield
Government school catchment
Recent results
Recently sold in Fairfield
$457k
1/144 Perry Street
Sold ~July 2026
$612k
109/7-9 Railway Place
Sold ~July 2026
$872k
4/240 Station Street
Sold ~July 2026
$1.75m
14 Rathmines Street
Sold ~July 2026
$1.90m
41 Rathmines Street
Sold ~July 2026
$895k
1/34 Sparks Avenue
Sold ~July 2026
$485k
3/35 Park Crescent
Sold ~June 2026
$600k
7/60 Rathmines Street
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Fairfield
Compare the area
Price map around Fairfield
Every listing for sale near Fairfield, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Fairfield suburb FAQ
What is the median property price in Fairfield?
The median unit price in Fairfield, VIC is $612k for a 2-bedroom home. Over the past year, median sold prices have fallen about 7.1%.
How much is rent in Fairfield?
The median weekly rent in Fairfield is around $540 per week.
Is Fairfield a good place to live?
Fairfield is an established residential suburb in VIC, with a population of around 6,535 and 1 school in the area.
What is the population of Fairfield?
Fairfield has a population of 6,535 (ABS 2021 Census), with a median age of 37.
What schools are in Fairfield?
There is 1 school in or near Fairfield, including Fairfield Primary School.
How long do homes take to sell in Fairfield?
Properties in Fairfield take around 23 days to sell on average, with an auction clearance rate of about 80%.
How much do you need to buy in Fairfield?
Entry-level properties in Fairfield start around $452k, while premium homes reach $869k.
What suburbs are near Fairfield?
Suburbs near Fairfield include Northcote, Alphington, Clifton Hill, Fitzroy North and Collingwood.
Fresh to market
New this week in Fairfield
Classic Character, Contemporary Family Lifestyle
Expressions of Interest Closing Wednesday 12 August at 5pm
Architectural Precision Meets Intelligent Living
Boutique Living in a Coveted Fairfield Setting
Available now